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Showing posts from March, 2024

Take off

    I have been here for over a month and it is an odd feeling indeed. At first I felt like I found heaven on Earth, but then it got lonely quickly, and frustration with the slow pace of things here settled in. But I am moving forward with all the shit that is being thrown my way, and I think I am making solid solid progress. The loneliness of being an Entrepreneur doubled by being in a country where I don't know anyone. However, I suppose I was similarly lonely in Korea. I do remember that I need to feed my social hunger, just like I feed myself food. I think that lately because of work, I forgot to do that. Or I got caught up with the wrong girl gang. Girls have a tendency to mess you up psychologically. Either way, I am working towards my goal everyday and that is undeniable. In a way the quiet here helps with focusing, staying single minded. In Korea, I would get distracted by partying and chasing girls. Here as well but to a much lesser degree. I feel that I am going thro...

In the cusp of the turning point!

     I am going to order the items for my D6-1 unit, which again is another step towards making money. Suddenly I have signed 2 apartments. I don't know if that was a little reckless on my part, but then again, imagine if I could not fail. How big would I dream? This has sort of been my mantra for awhile. I look back and if I just manned up and really went balls to the wall, things would have generally all worked out. I need to take calculated risks, and then go balls to the wall. It probably is the rather most stressful part about the business. Launching a new unit. Mostly mental stress of the unknown. But I've been through this a lot. It ain't my first rodeo. I think that things will work out really well and things will just snowball down from here. So I look forward for a brighter tomorrow! Let's get some shit done!

Be the hunter not the hunted

Be a commander, not the commanded. Be an employer, not an employee. Be the boss, not the one that gets bossed around. Be the one that chases for survival, not the one that gets chased for survival. Be ahead of schedule, not behind schedule. Be hungry for more food, not worried about being the food. Be proactive and planning, not reactive. Are you living or existing?

DIstraction

     I remember hearing somewhere that man represents order and woman chaos. It really feels that way when I am involved with girls and things are not working out. Perhaps it is because I can read the situation on another level, I see through the matrix, but it really bothers me when the girl is trying to play games. And it's frustrating that things are not as easy when it comes to hooking up as it once was. Double that frustration with the fact that things are not moving forward as quickly as I want it to. It's like I'm obsessedd with business and girls right now and nothing is happening. At least with business I can see that it's moving forward, iniching closer and closer to inevitable turning point. But I suppose that is hard to see with girls, since in a way I am starting over each time with a new girl. Today I saw Humza, airbnb guy with 500 units, saying in his story that who you marry is the most important thing, and that because he was married at a young age he w...

Laza focused

      It is finally 1 day before signing the first apartment. I cannot believe that it took so much time until I got to the first apartment. I mean, by my standards, this happened very slowly. But if I think about it, so far everything has been bureaucratic bullshit paperwork, and really, tomorrow will be the first significant action I would take towards making money. The previous work has been like laying the soil down, and while I cannot say it was completely useless, none of it would produce profits. Only signing the apartment tomorrow, will be the first action I take a step towards a profitable business. And the rest will follow quite naturally. I will hire an interior design company, and a professional photographer as well. Everything is very much like what I learned in Dubai. So turning my eye there was not completely useless. I have learned from the best in the industry and I am applying it in another market. A smaller yet potential for a massive growth market. I a...

Locked and loaded

     So if everything goes according to plan, I can sign the apartment on Monday. Things are going smoothly according to plan. It is as if the energy is getting built up until it explodes at a single moment. It will be like the Big Bang, where the universe came into existence and continued expanding after a single point in time. My business will also come to life and continue on an exponential growth curve. I will turn it into a household short-term rental brand that will be recognized across borders.      I will have 50 units in Budapest, 30 more in Prague, and 30 more in Vienna. I will be surrounded by a team of accountants, lawyers, realtors, consultants, financial advisors, and strategists. Life is good, as it is my birthright. I can have anything I want in this universe. I will have all that I want.      I am truly blessed to be in the situation I am in right now. Hot girls are thirsty for me, the food is awesome, the city is beautiful, ...

First official step

     I am on the brink of taking my first effective step towards making money. If getting the licenses was the equivalent of clearing the road to move forward, signing my first Airbnb apartment would be the first official step towards making money. It is with great optimism and hope I make this first move. There are still a lot of uncertainties, but I will deal with whatever comes in front of my way. And the best part is that there is no limit to how much money I can make here! That means that. I can grow the company as large and grand as I wish. And people are starting to come together as well. We had a lot of job applicants, and the realtor who helped me sign my first apartment is also helping me with the licensing process, which was originally the most concerning part of the venture. It seems that he's got a hold of it so I would let him take the lead on that department. He could be a licensing consultant. The tricky part is paying him. I could either offer him a share...

Consider it done

     Imagine I decided to turn the apartment I'm living in into an Airbnb. It would be so fucking easy. All I would need are some cleaning supplies, a few extra basic amenities, and a key box. Probably a few extra copies of the keys for good measure. I would need to go through the licensing procedure, but it seems like Andras, the realtor I signed my apartment with is willing to help with that process. Then I would have to figure out the digital guest book, to keep a record of the guests, and send the cash flow chart to the accountant. I would be set! So in summary: 1. Get an apartment 2. Make it Airbnb ready 3. Go through the licensing procedure (the help of Andras or lawyer) 4. Do the digital record keeping of guests 5. Send accounting info to the accountant Done! It's really not all that difficult. More annoying than hard. And when the process becomes long, some steps can go wrong. So that's a little concern, but with my ferocity and determination, I'm sure I can bul...

2 weeks in

     So it has been 2 weeks since I started the new venture. And I must admit the barrier to entry was a lot higher than I initially expected. I had to spend $5k just to get all the "rights" to start my business here. But compared to Prague it was a lot easier, so I can only imagine what kind of hell that must have been. But also it's a good thing that the barrier to entry is high here. It means that there will be less competition and will not be flooded with outside forces. Most importantly, there is no cap to how big I can grow the business here. The objectives of my 1st trip to Budapest has been the following. [x] Business/ trading license [x] Bank account [x] Get apartment [x] Business Visa [ ] Start 1 airbnb unit Scout good locations Find realtors Find an interior design agent [ ] Find a Hungarian local assistant And I am 67% done! Of course, starting 1 airbnb is the only thing that matters, to be honest, but getting a local assistant is also param...